LOS
ANGELES, Oct. 18, 2024 /PRNewswire/ -- The DJS Law
Group reminds investors of a class action lawsuit against Spire
Global, Inc. ("Spire" or "the Company") (NYSE: SPIR) for violations
of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and
Rule 10b-5 promulgated thereunder by
the U.S. Securities and Exchange Commission.
Shareholders who purchased shares of SPIR during the class
period listed are encouraged to contact the firm regarding possible
lead plaintiff appointments. Appointment as lead plaintiff is not
required to partake in any recovery.
CASE DETAILS: According to the Complaint, Spire's Space
Services contracts included embedded leases of identifiable assets.
The Company failed to maintain appropriate internal controls over
revenue recognition. The Company overstated revenue for certain
Space Services contracts. Based on these facts, the Company's
public statements were false and materially misleading throughout
the class period.
If you are a shareholder who suffered a loss, contact us to
participate.
WHY DJS LAW GROUP? DJS Law Group's primary focus is to
enhance investor return through balanced counseling and aggressive
advocacy. We specialize in securities class actions, corporate
governance litigation, and domestic/international M&A
appraisals. Our clients are some of the largest and most
sophisticated hedge funds and alternative asset managers in the
world. The litigation claims of our clients are extraordinarily
valuable assets that demand respect, focus, and results.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and rules of
ethics.
CONTACT:
David J.
Schwartz
DJS Law Group
274 White Plains Road, Suite 1
Eastchester, NY 10709
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SOURCE DJS Law Group LLP